Mortgage Loan Originator

5 days ago


Lincoln, Nebraska, United States Liberty First Credit Union Full time
Job Title: Mortgage Loan Originator

At Liberty First Credit Union, we are seeking a highly skilled Mortgage Loan Originator to join our team. As a Mortgage Loan Originator, you will play a critical role in serving our credit union membership by providing and promoting prudent borrowing activities within the mortgage lending area.

Key Responsibilities:

  1. Develop and maintain outside contacts with realtors, builders, home improvement dealers, financial institutions, professional organizations, and others to develop business and promote the sale of mortgage loans and other credit union products and services.
  2. Provide financial counseling on mortgage loan products and follow through with scheduling, interviews, applications, and closings on these products with potential new or current homeowners.
  3. Process and underwrite mortgage loans that conform to the secondary mortgage market, credit and loan guidelines set forth by the credit union, and secondary market underwriting for loans.
  4. Gather necessary documents for timely and accurate loan processing.
  5. Promote credit union membership and develop/maintain the knowledge/ability to cross-sell all credit union products and services to provide financial needs for new or current members.
  6. Maintain expertise in the mortgage lending area regarding compliance, regulations, product development/implementation, pricing, funding, portfolio quality, and auditing guidelines.
  7. Maintain a working knowledge of the credit union's data processing systems.
  8. Develop an understanding of the credit union's history, philosophy, organization, bylaws, and operational procedures.
  9. Conduct oneself in a positive professional manner in relation to all credit union activities.

Requirements:

  1. Professional, well-developed interpersonal skills necessary for promotion and selling credit union products and services and servicing credit union members and projecting a positive attitude/image as a representative in relation to all credit union activities.
  2. Work requires knowledge of mortgage lending regulations tied into FHA, VA, Conventional, NIFA, and the continuing changes to systems and other underwriting guidelines.
  3. Requires a high degree of accuracy with intermediate mathematical skills required (calculations and concepts involving decimals, percentages, fractions, etc.).
  4. Exercise of discretion and independent judgment is required. Analyzes complicated factual situations, applies functional principles, and develops solutions. Involves a variety of concrete variables where only limited standardization exists. Involves work governed by broad instructions and usually involves frequently changing conditions and problems.
  5. Customarily engaged and performing work away from the credit union's offices and places of business; majority of time will be spent away from the office promoting and selling credit union products and services and consummating transactions involving such products and services.


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